8th Edition Risk Data Aggregation and Risk Reporting

See continued efforts placed to achieve sustainable and full compliance of BCBS 239 with focus on data lineage, taxonomy, and consistency

24-26 April 2019

London, United Kingdom

As the 1st January 2019 deadline for BCBS 239 is closing in on DSIBs it becomes clear that none will be fully compliant, especially since implementation plans are expected to run till 2020. When it comes to the GSIBs, the January 2016 deadline has already come and gone - but where has this left things? Most GSIBs are now materially compliant, working towards being fully compliant, but it is difficult for all banks to understand what exactly being fully compliant means when the risk data aggregation and reporting regulation is principles based, with not only one way to deal with it. Progressing towards full compliance is tricky with a big regulation impacting more than just reporting, but also data management in the both risk and finance departments (the fundamental areas of a bank). At this point in time banks will be looking to confront self assessment of what they have implemented in order to improve processes but it is difficult to know exactly what the regulators want when Basel and ECB are not agreed on their views of BCBS 239 implementation. With this in mind, in this marcus evans conference we will look at the continued efforts placed to achieve sustainable and full compliance of BCBS 239 with focus on data lineage, taxonomy and consistency.